Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 7.: DIVISION 7. INDUSTRIAL LOAN COMPANIES/Ch. 2.: CHAPTER 2. Formation and Organization/Art. 3.: ARTICLE 3. Capitalization/§ 18132.
California Statutes

§ 18132. — 18132. (Repealed and added by Stats. 1983, Ch. 858, Sec. 8.)

California § 18132.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES
Ch. 2.CHAPTER 2. Formation and Organization
Art. 3.ARTICLE 3. Capitalization

This text of California § 18132. (18132. (Repealed and added by Stats. 1983, Ch. 858, Sec. 8.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Financial Code - FIN Code § 18132. (2026).

Text

An industrial loan company may declare a dividend on its capital stock only if the company has minimum unimpaired capital of seven hundred fifty thousand dollars ($750,000) plus additional capital stock of fifty thousand dollars ($50,000) for each branch office.

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Legislative History

Repealed and added by Stats. 1983, Ch. 858, Sec. 8.
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California § 18132., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18132..